Unit 2007, Paramount Tower Hotel & Residences: what it sold for and what it is worth now

Unit 2007 at Paramount Tower Hotel & Residences is a studio of 520 sq ft. It last sold for AED 1,199,000 on 27 Jan 2020. At AED 1,998 per sq ft, from 7 sales of units ending 07 (same position in the tower), it is worth about AED 1,039,000 today.

Value todayAED 1,039,000AED 887,000 to AED 1,085,000
Last saleAED 1,199,00027 Jan 2020 · Off-plan
Change since last sale-13.3% 
Rent (median asking, studio)AED 68,000Gross yield 6.5%
Bedroomsstudio
Size520 sq ft
Floor20 (from the unit number)
Position in the towerStack 07: units ending 07 share the same layout and view
BuildingParamount Tower Hotel & Residences by DAMAC Properties, handed over 2021
Registered sales of this unit1

Every registered sale of unit 2007

DatePriceSizeAED/sq ftType
27 Jan 2020AED 1,199,000520 sq ft2,306Off-plan

Units ending 07 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
290713 Aug 2026AED 2,725,0001,364 sq ft1,998Resale
350725 Jun 2026AED 3,200,0001,364 sq ft2,346Resale
28076 May 2026AED 2,800,0001,364 sq ft2,053Resale
40075 Jan 2026AED 3,490,0001,645 sq ft2,122Resale
260729 May 2025AED 2,400,0001,364 sq ft1,760Resale
180729 May 2025AED 836,000520 sq ft1,608Resale
360720 Mar 2025AED 1,600,000968 sq ft1,653Resale
270728 May 2024AED 2,370,0001,364 sq ft1,738Resale

Latest studio sales in Paramount Tower Hotel & Residences

UnitDatePriceSizeAED/sq ftType
23253 Jul 2026AED 777,215477 sq ft1,629Resale
172322 May 2026AED 960,367627 sq ft1,532Resale
190822 May 2026AED 830,484520 sq ft1,597Resale
222224 Feb 2026AED 1,295,000520 sq ft2,490Resale
151119 Feb 2026AED 821,443520 sq ft1,580Resale
231826 Dec 2025AED 630,000520 sq ft1,212Resale
161719 Nov 2025AED 804,775520 sq ft1,548Resale
250927 Oct 2025AED 932,000520 sq ft1,792Resale

How we worked out the value

We took the 7 resale sales of units ending 07 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,998). We multiplied it by the size of this unit (520 sq ft). The range uses the middle half of those sales (AED 1,706 to AED 2,087 per sq ft). Floor, view, condition and upgrades can move the price either way. Sales data to 15 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 2007 at Paramount Tower Hotel & Residences worth?

About AED 1,039,000 (range AED 887,000 to AED 1,085,000), based on AED 1,998 per sq ft from registered sales up to 15 Oct 2026.

When did unit 2007 last sell?

27 Jan 2020, for AED 1,199,000 (off-plan). It has 1 registered sale.

What rent can unit 2007 make?

A studio in Paramount Tower Hotel & Residences rents for about AED 68,000 a year (median asking rent). That is a gross yield of 6.5% on the estimate.

Sales alert for Paramount Tower Hotel & ResidencesAll sales in Paramount Tower Hotel & Residences

Unit 2005 · Unit 2010